BSEDanube Industries LtdMediumNegative
Announced Fri, 2 Jan · 12:58 IST

Resignation Attached

Management Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Krishnan Ramaswamy (DIN: 01780373) has resigned as Non-Executive Independent Director of Danube Industries with immediate effect from January 2, 2026, citing other professional commitments. He confirmed there are no other material reasons behind his exit. The disclosure was submitted to BSE under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The resignation letter and confirmation have been enclosed with the filing, signed off by Meena Sunil Rajdev, Managing Director.

Likely market impact

This is a routine exit of one independent director for personal professional reasons, with no governance red flags or material concerns flagged. Investors should watch for timely appointment of a replacement to keep the board compliant with the minimum one-third independent director requirement under SEBI rules.